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Qmiax Obtains Canadian MSB License, Initiating a New Era of Compliance in Trading

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The announcement that Qmiax exchange has been granted the Money Services Business (MSB) license by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) is a notable milestone in the rapidly evolving landscape of global financial technology and cryptocurrencies. This development not only marks a significant step for Qmiax but also sets a benchmark for compliance within the cryptocurrency trading industry.

Importance of Compliance in Cryptocurrency Exchanges:

Compliance is a cornerstone for the survival and growth of cryptocurrency exchanges. It ensures that exchanges can provide a secure and transparent trading environment, mitigating financial risks and building trust with users and investors. Regulatory compliance with authoritative financial regulatory agencies, like FINTRAC, validates the credibility of an exchange and its commitment to adhering to legal and financial norms.

Qmiax’s Commitment to Compliance and Security:

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By obtaining the MSB license, Qmiax has demonstrated a strong commitment to compliance and security. The exchange has implemented several measures to ensure a secure trading environment:

1. Rigorous Internal Monitoring Systems: These systems help in overseeing trading activities and maintaining transparency.

2. Advanced KYC Procedures: Know Your Customer protocols are essential for verifying customer identities, preventing fraud, and ensuring that the exchange is not being used for illicit purposes.

3. AML and CFT Measures: Anti-Money Laundering and Counter-Terrorism Financing technologies and algorithms are crucial for monitoring and analyzing trading activities to identify and prevent suspicious activities.

4. Collaboration with Security Technology Companies: Partnerships with leading security technology firms enhance data security and protect user assets from potential threats.

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Future Outlook for Qmiax and the Industry:

As the cryptocurrency market matures, the demand for secure and compliant exchanges continues to grow. Qmiax’s focus on compliance, security, and innovation positions it well to attract more users and investors. To remain competitive and relevant, the platform must continuously adapt and optimize its compliance strategies in response to the evolving regulatory landscape and technological advancements.

Moving forward, Qmiax aims to uphold its principles of compliance and security while continuing to innovate. This approach will not only provide users with high-quality services but also contribute to the broader development and legitimacy of the cryptocurrency trading industry.

Source: sg.finance.yahoo.com

The post Qmiax Obtains Canadian MSB License, Initiating a New Era of Compliance in Trading appeared first on HIPTHER Alerts.

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Everdome and Alpine Web3 Redefine Fan Engagement with Bold Metaverse Vision

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Alpine Web3 and Everdome are joining forces to push the boundaries of fan engagement through immersive digital experiences. Building on Alpine’s storied motorsport legacy, this partnership will bring fans closer to the action with metaverse pop-up spaces and interactive events.

As Alpine Web3 shifts its focus beyond motorsport, this collaboration aims to redefine sports marketing by merging the physical and digital worlds, offering fans a dynamic and innovative way to connect with their favorite teams and events.

Alpine is a brand with a long and successful history, founded in 1955 by Jean Rédélé and quickly building success across multiple motorsports disciplines. With titles across multiple motor racing disciplines such as the World Rally Championship, 24 Hours of Le Mans, success in F1® racing and the FIA WEC Endurance World Championship, Alpine has constantly innovated for success.

Now Alpine seeks to expand their innovation beyond motorsport, looking for ways to engage new audiences with experiential sports marketing as the real and digital worlds converge.

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This two-way partnership will see Everdome work on a variety of experiential Alpine focussed destinations, kicking off with a series of metaverse pop-up spaces for Alpine Web3, released to coincide with the major sporting events across their race calendar, from Formula One® and beyond.

Everdome will also create interactive events with Alpine Web3 and their partners, allowing global audiences to take one step closer to the action as we explore the future of sports fan engagement together.

Last year, Everdome and Alpine first collaborated with an exclusive metaverse AMA with their F1® driver Pierre Gasly and Binance Fan Token, creating an interactive event where the audience could join with their avatar-likenesses inside a unique environment, bringing them closer to their racing heroes inside a digital world.

“Experiential marketing is on the rise as audiences react positively to immersive, interactive experiences which bring a feeling of deeper involvement with their sporting teams and heroes.’’ said Artur Kaczmarczyk, Chief Growth Officer for Everdome. “This new partnership will explore a future of sports fan engagement, creating a series of activations across the motorsports racing calendar to let global Alpine fans feel closer to the team, drivers and brand.’’

Beginning with metaverse spaces highlighting images and videos from Alpine inside fully interactive, avatar-led digital environments, Everdome will go on to create a dedicated and permanent metaverse footprint for Alpine Racing inside their digital headquarters, showcasing their glorious history, exciting present and promising future.

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“This collaboration with Everdome underlines our commitment to constant innovation through leveraging the latest technology”, said Guillaume Vergnas, Head of Merchandising, Licensing, Esports & Web3 at Alpine. ‘’Motorsport has always been about passion, spectacle and interaction, and with Everdome we seek to allow audiences a taste of the spectacle in a novel digital world.’’

Everdome will introduce their large community of web3 followers and metaverse pioneers to Alpine’s exciting web3 ecosystem, paving the way for some exciting cross-project collaborations, activations and more across 2024 and beyond.

The post Everdome and Alpine Web3 Redefine Fan Engagement with Bold Metaverse Vision appeared first on HIPTHER Alerts.

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Blockchain Technology Market Size to Achieve USD 1,879.30 Billion by 2034

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Blockchain Technology in BFSI Market Is Expected To Reach a Revenue Of USD 258.2 Bn By 2033, at 46.0% CAGR: Dimension Market Research

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